Jeanne Quirk Sells 1,789 Shares of Axcelis Technologies (NASDAQ:ACLS) Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director Jeanne Quirk sold 1,789 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $140.22, for a total value of $250,853.58. Following the transaction, the director directly owned 11,400 shares in the company, valued at approximately $1,598,508. The trade was a 13.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Axcelis Technologies Price Performance

Shares of NASDAQ ACLS opened at $152.51 on Friday. The stock’s 50-day moving average is $119.70 and its two-hundred day moving average is $97.89. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99. Axcelis Technologies, Inc. has a 1-year low of $55.93 and a 1-year high of $171.61. The company has a market cap of $4.69 billion, a price-to-earnings ratio of 47.51, a price-to-earnings-growth ratio of 11.91 and a beta of 1.93.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.01. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The company had revenue of $198.96 million for the quarter, compared to the consensus estimate of $195.03 million. During the same quarter in the prior year, the business earned $0.88 EPS. Axcelis Technologies’s revenue was up 3.3% on a year-over-year basis. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Analysts forecast that Axcelis Technologies, Inc. will post 2.86 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ACLS. Victory Capital Management Inc. increased its holdings in shares of Axcelis Technologies by 85.9% in the 4th quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock valued at $145,207,000 after acquiring an additional 835,242 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Axcelis Technologies by 3,402.5% in the 1st quarter. The Manufacturers Life Insurance Company now owns 491,745 shares of the semiconductor company’s stock valued at $45,772,000 after acquiring an additional 477,705 shares during the last quarter. LSV Asset Management purchased a new position in shares of Axcelis Technologies in the 3rd quarter valued at about $30,747,000. Invesco Ltd. increased its holdings in shares of Axcelis Technologies by 176.6% in the 3rd quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company’s stock valued at $37,761,000 after acquiring an additional 246,939 shares during the last quarter. Finally, Balyasny Asset Management L.P. increased its holdings in shares of Axcelis Technologies by 10,368.7% in the 4th quarter. Balyasny Asset Management L.P. now owns 243,503 shares of the semiconductor company’s stock valued at $19,563,000 after acquiring an additional 241,177 shares during the last quarter. Hedge funds and other institutional investors own 89.98% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ACLS. Weiss Ratings downgraded Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target on the stock in a report on Monday, April 20th. Finally, Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $116.25.

Axcelis Technologies Company Profile

Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.

The company’s product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.